Question

A price was first decreased by 12%, they it was decreased again by an additional 5%. What is the percent of the total de. ease?

Answer 1

9514 1404 393

Answer:

16.4%

Explanation:

Assuming the 5% was taken off of the already-discounted price, then the original price was multiplied by ...

(1 -12%)(1 -5%) = 0.88×0.95 = 0.836 = 1 -16.4%

The total decrease was 16.4%.